Share Price and Basic Stock Data
Last Updated: January 28, 2026, 9:12 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Nitiraj Engineers Ltd operates within the electronics equipment and components sector, focusing on manufacturing and supplying electronic equipment. As of the latest reporting period, the company recorded a market capitalization of ₹188 Cr and a share price of ₹183. The revenue from operations for the financial year ending March 2023 stood at ₹46.08 Cr, reflecting a modest recovery from ₹39.63 Cr in the previous year. Quarterly sales displayed significant volatility, with a high of ₹26.00 Cr in December 2019 and a low of ₹4.99 Cr in June 2021. The most recent quarterly sales reported in March 2023 were ₹11.37 Cr. This indicates a trend of fluctuating revenues, likely influenced by market conditions and operational challenges. The company’s ability to stabilize its revenue streams will be crucial for future growth and investor sentiment.
Profitability and Efficiency Metrics
The profitability of Nitiraj Engineers has shown a mixed performance, with a reported operating profit margin (OPM) of 8.36% in March 2023, an improvement from 4.11% in March 2022. However, the net profit for the same period declined to a loss of ₹0.23 Cr, compared to a loss of ₹3.53 Cr in the previous year. This negative net profit translates to an earnings per share (EPS) of ₹-0.22 for March 2023. The interest coverage ratio (ICR) stood at a robust 12.57x, indicating strong capability to meet interest obligations despite the operating challenges. The cash conversion cycle (CCC) increased to 354.26 days, suggesting inefficiencies in inventory management and receivables collection, which could hinder cash flow and operational efficiency.
Balance Sheet Strength and Financial Ratios
Nitiraj Engineers reported total assets of ₹79.82 Cr as of March 2023, with total liabilities amounting to ₹79.82 Cr, indicating a balanced sheet with no significant leverage, given the low borrowings of ₹3.20 Cr. The company’s reserves stood at ₹57.33 Cr, reflecting a stable equity base. The price-to-book value (P/BV) ratio was recorded at 1.07x, which is relatively low compared to industry norms, suggesting that the stock may be undervalued. The current ratio of 3.16x indicates strong liquidity, while the quick ratio of 1.11x reflects adequate short-term financial health. However, the return on equity (ROE) of 0.35% and return on capital employed (ROCE) of 0.38% are below industry averages, reflecting challenges in generating returns on shareholders’ investments.
Shareholding Pattern and Investor Confidence
The shareholding structure of Nitiraj Engineers illustrates a strong promoter holding of 69.07%, indicating substantial control by the founding entities, which could instill confidence in long-term strategic direction. The public shareholding stands at 30.93%, while foreign institutional investors (FIIs) have not invested in the company, reflecting either a lack of interest or confidence in its growth prospects. The number of shareholders increased to 4,258 as of March 2025, suggesting growing interest from retail investors. However, the absence of FIIs could be a concern, as it may limit the stock’s liquidity and institutional backing. The consistency in promoter holding over time is a positive sign, but the lack of institutional investment may dampen broader investor sentiment.
Outlook, Risks, and Final Insight
The outlook for Nitiraj Engineers hinges on its ability to improve profitability and operational efficiency amidst a challenging market environment. Strengths include a robust interest coverage ratio and strong promoter backing, which provide a measure of financial stability. However, risks such as the increasing cash conversion cycle and declining net profits pose significant challenges. Additionally, the absence of institutional investment could limit growth opportunities. For the company to enhance its market position, it must focus on improving inventory management and optimizing operational efficiencies. If these issues are addressed, Nitiraj Engineers could potentially turn its financial performance around; otherwise, continued losses may hinder its growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incap Ltd | 38.2 Cr. | 74.4 | 161/66.3 | 42.9 | 32.6 | 1.34 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 57.8 Cr. | 67.7 | 112/53.5 | 2.03 | 16.9 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 180 Cr. | 150 | 335/123 | 20.1 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 227 Cr. | 148 | 219/87.8 | 48.1 | 16.9 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 15,386 Cr. | 540 | 1,008/465 | 60.4 | 102 | 0.05 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,410.56 Cr | 1,104.84 | 70.54 | 165.67 | 0.22% | 11.17% | 15.55% | 7.92 |
Quarterly Result
| Metric | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.00 | 21.87 | 7.07 | 11.64 | 15.19 | 4.99 | 8.78 | 12.27 | 13.59 | 7.50 | 15.85 | 11.36 | 11.37 |
| Expenses | 23.75 | 20.52 | 6.77 | 10.07 | 13.57 | 4.68 | 8.11 | 11.31 | 13.93 | 6.90 | 15.04 | 10.28 | 10.42 |
| Operating Profit | 2.25 | 1.35 | 0.30 | 1.57 | 1.62 | 0.31 | 0.67 | 0.96 | -0.34 | 0.60 | 0.81 | 1.08 | 0.95 |
| OPM % | 8.65% | 6.17% | 4.24% | 13.49% | 10.66% | 6.21% | 7.63% | 7.82% | -2.50% | 8.00% | 5.11% | 9.51% | 8.36% |
| Other Income | 0.05 | 1.83 | 0.08 | 0.05 | 0.14 | 0.06 | 0.18 | 0.06 | -2.90 | 0.03 | 0.08 | 0.07 | 0.36 |
| Interest | 0.18 | 0.27 | 0.15 | 0.04 | 0.04 | 0.08 | 0.14 | 0.13 | 0.15 | 0.14 | 0.07 | 0.08 | 0.04 |
| Depreciation | 0.56 | 0.86 | 0.75 | 0.77 | 0.79 | 0.72 | 0.75 | 0.78 | 0.88 | 0.89 | 0.91 | 0.92 | 0.96 |
| Profit before tax | 1.56 | 2.05 | -0.52 | 0.81 | 0.93 | -0.43 | -0.04 | 0.11 | -4.27 | -0.40 | -0.09 | 0.15 | 0.31 |
| Tax % | 25.00% | 31.22% | 0.00% | 14.81% | 30.11% | -2.33% | 125.00% | 36.36% | -27.40% | -25.00% | 211.11% | -133.33% | 96.77% |
| Net Profit | 1.14 | 1.27 | -0.52 | 0.69 | 0.66 | -0.41 | -0.09 | 0.08 | -3.11 | -0.30 | -0.28 | 0.36 | 0.00 |
| EPS in Rs | 1.11 | 1.24 | -0.51 | 0.67 | 0.64 | -0.40 | -0.09 | 0.08 | -3.03 | -0.29 | -0.27 | 0.35 | 0.00 |
Last Updated: February 28, 2025, 6:07 pm
Below is a detailed analysis of the quarterly data for Nitiraj Engineers Ltd based on the most recent figures (Mar 2023) and their trends compared to the previous period:
- For Sales, as of Mar 2023, the value is 11.37 Cr.. The value appears strong and on an upward trend. It has increased from 11.36 Cr. (Dec 2022) to 11.37 Cr., marking an increase of 0.01 Cr..
- For Expenses, as of Mar 2023, the value is 10.42 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.28 Cr. (Dec 2022) to 10.42 Cr., marking an increase of 0.14 Cr..
- For Operating Profit, as of Mar 2023, the value is 0.95 Cr.. The value appears to be declining and may need further review. It has decreased from 1.08 Cr. (Dec 2022) to 0.95 Cr., marking a decrease of 0.13 Cr..
- For OPM %, as of Mar 2023, the value is 8.36%. The value appears to be declining and may need further review. It has decreased from 9.51% (Dec 2022) to 8.36%, marking a decrease of 1.15%.
- For Other Income, as of Mar 2023, the value is 0.36 Cr.. The value appears strong and on an upward trend. It has increased from 0.07 Cr. (Dec 2022) to 0.36 Cr., marking an increase of 0.29 Cr..
- For Interest, as of Mar 2023, the value is 0.04 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.08 Cr. (Dec 2022) to 0.04 Cr., marking a decrease of 0.04 Cr..
- For Depreciation, as of Mar 2023, the value is 0.96 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.92 Cr. (Dec 2022) to 0.96 Cr., marking an increase of 0.04 Cr..
- For Profit before tax, as of Mar 2023, the value is 0.31 Cr.. The value appears strong and on an upward trend. It has increased from 0.15 Cr. (Dec 2022) to 0.31 Cr., marking an increase of 0.16 Cr..
- For Tax %, as of Mar 2023, the value is 96.77%. The value appears to be increasing, which may not be favorable. It has increased from -133.33% (Dec 2022) to 96.77%, marking an increase of 230.10%.
- For Net Profit, as of Mar 2023, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.36 Cr. (Dec 2022) to 0.00 Cr., marking a decrease of 0.36 Cr..
- For EPS in Rs, as of Mar 2023, the value is 0.00. The value appears to be declining and may need further review. It has decreased from 0.35 (Dec 2022) to 0.00, marking a decrease of 0.35.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:22 pm
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Sales | 61.06 | 67.81 | 39.44 | 53.88 | 47.86 | 53.40 | 39.63 | 46.08 |
| Expenses | 52.48 | 59.86 | 35.69 | 45.22 | 44.43 | 45.38 | 38.00 | 42.59 |
| Operating Profit | 8.58 | 7.95 | 3.75 | 8.66 | 3.43 | 8.02 | 1.63 | 3.49 |
| OPM % | 14.05% | 11.72% | 9.51% | 16.07% | 7.17% | 15.02% | 4.11% | 7.57% |
| Other Income | 0.15 | 0.31 | 2.26 | 1.14 | 1.88 | 0.23 | -2.62 | 0.47 |
| Interest | 0.74 | 0.51 | 0.05 | 0.11 | 0.45 | 0.28 | 0.50 | 0.32 |
| Depreciation | 0.95 | 0.90 | 1.75 | 1.26 | 1.42 | 3.09 | 3.13 | 3.68 |
| Profit before tax | 7.04 | 6.85 | 4.21 | 8.43 | 3.44 | 4.88 | -4.62 | -0.04 |
| Tax % | 23.86% | 32.85% | 27.79% | 28.71% | 29.65% | 27.25% | -23.81% | 475.00% |
| Net Profit | 5.36 | 4.60 | 3.04 | 6.02 | 2.41 | 3.54 | -3.53 | -0.23 |
| EPS in Rs | 7.15 | 4.47 | 2.95 | 5.84 | 2.35 | 3.45 | -3.44 | -0.22 |
| Dividend Payout % | 0.00% | 3.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -14.18% | -33.91% | 98.03% | -59.97% | 46.89% | -199.72% | 93.48% |
| Change in YoY Net Profit Growth (%) | 0.00% | -19.73% | 131.94% | -157.99% | 106.85% | -246.61% | 293.20% |
Nitiraj Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2022-2023.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -1% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 33% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Last Year: | 0% |
Last Updated: September 5, 2025, 11:45 am
Balance Sheet
Last Updated: Unknown
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.00 | 8.20 | 8.20 | 8.20 | 10.25 | 10.25 | 10.25 | 10.25 |
| Reserves | 25.63 | 49.42 | 52.58 | 58.60 | 58.96 | 61.04 | 57.45 | 57.33 |
| Borrowings | 7.19 | 0.00 | 0.00 | 0.00 | 5.35 | 0.62 | 3.97 | 3.20 |
| Other Liabilities | 6.33 | 7.55 | 3.28 | 5.99 | 3.89 | 7.25 | 5.56 | 9.04 |
| Total Liabilities | 45.15 | 65.17 | 64.06 | 72.79 | 78.45 | 79.16 | 77.23 | 79.82 |
| Fixed Assets | 8.73 | 10.80 | 12.50 | 26.80 | 37.53 | 28.10 | 36.31 | 33.60 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.15 | 1.60 | 1.60 |
| Investments | 1.01 | 22.01 | 24.66 | 1.93 | 1.75 | 2.04 | 1.94 | 1.49 |
| Other Assets | 35.41 | 32.36 | 26.90 | 44.06 | 39.17 | 37.87 | 37.38 | 43.13 |
| Total Assets | 45.15 | 65.17 | 64.06 | 72.79 | 78.45 | 79.16 | 77.23 | 79.82 |
Below is a detailed analysis of the balance sheet data for Nitiraj Engineers Ltd based on the most recent figures (Mar 2023) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2023, the value is 10.25 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 10.25 Cr..
- For Reserves, as of Mar 2023, the value is 57.33 Cr.. The value appears to be declining and may need further review. It has decreased from 57.45 Cr. (Mar 2022) to 57.33 Cr., marking a decrease of 0.12 Cr..
- For Borrowings, as of Mar 2023, the value is 3.20 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 3.97 Cr. (Mar 2022) to 3.20 Cr., marking a decrease of 0.77 Cr..
- For Other Liabilities, as of Mar 2023, the value is 9.04 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.56 Cr. (Mar 2022) to 9.04 Cr., marking an increase of 3.48 Cr..
- For Total Liabilities, as of Mar 2023, the value is 79.82 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 77.23 Cr. (Mar 2022) to 79.82 Cr., marking an increase of 2.59 Cr..
- For Fixed Assets, as of Mar 2023, the value is 33.60 Cr.. The value appears to be declining and may need further review. It has decreased from 36.31 Cr. (Mar 2022) to 33.60 Cr., marking a decrease of 2.71 Cr..
- For CWIP, as of Mar 2023, the value is 1.60 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 1.60 Cr..
- For Investments, as of Mar 2023, the value is 1.49 Cr.. The value appears to be declining and may need further review. It has decreased from 1.94 Cr. (Mar 2022) to 1.49 Cr., marking a decrease of 0.45 Cr..
- For Other Assets, as of Mar 2023, the value is 43.13 Cr.. The value appears strong and on an upward trend. It has increased from 37.38 Cr. (Mar 2022) to 43.13 Cr., marking an increase of 5.75 Cr..
- For Total Assets, as of Mar 2023, the value is 79.82 Cr.. The value appears strong and on an upward trend. It has increased from 77.23 Cr. (Mar 2022) to 79.82 Cr., marking an increase of 2.59 Cr..
Notably, the Reserves (57.33 Cr.) exceed the Borrowings (3.20 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 1.39 | 7.95 | 3.75 | 8.66 | -1.92 | 7.40 | -2.34 | 0.29 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62.23 | 29.17 | 38.78 | 104.19 | 74.13 | 60.35 | 75.98 | 51.64 |
| Inventory Days | 264.20 | 158.45 | 223.01 | 239.67 | 198.70 | 175.08 | 260.16 | 340.96 |
| Days Payable | 84.29 | 104.66 | 53.95 | 79.62 | 48.31 | 29.56 | 16.66 | 38.34 |
| Cash Conversion Cycle | 242.13 | 82.96 | 207.83 | 264.25 | 224.51 | 205.87 | 319.49 | 354.26 |
| Working Capital Days | 100.55 | 53.77 | 144.65 | 188.12 | 118.90 | 170.61 | 206.12 | 182.34 |
| ROCE % | 15.26% | 4.86% | 12.70% | 4.20% | 7.05% | -1.48% | 0.38% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| Diluted EPS (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| Cash EPS (Rs.) | 3.41 | -0.21 | 6.36 | 3.91 | 8.93 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 65.92 | 66.04 | 70.97 | 67.52 | 81.46 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 65.92 | 66.04 | 70.97 | 67.52 | 81.46 |
| Revenue From Operations / Share (Rs.) | 44.95 | 38.66 | 52.50 | 46.69 | 65.70 |
| PBDIT / Share (Rs.) | 3.91 | 2.31 | 7.83 | 5.34 | 12.01 |
| PBIT / Share (Rs.) | 0.31 | -0.74 | 5.01 | 3.96 | 10.48 |
| PBT / Share (Rs.) | 0.01 | -4.34 | 4.80 | 3.52 | 10.34 |
| Net Profit / Share (Rs.) | -0.17 | -3.27 | 3.55 | 2.52 | 7.40 |
| NP After MI And SOA / Share (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| PBDIT Margin (%) | 8.69 | 5.97 | 14.91 | 11.44 | 18.27 |
| PBIT Margin (%) | 0.71 | -1.93 | 9.55 | 8.47 | 15.94 |
| PBT Margin (%) | 0.01 | -11.24 | 9.14 | 7.54 | 15.73 |
| Net Profit Margin (%) | -0.39 | -8.47 | 6.75 | 5.40 | 11.26 |
| NP After MI And SOA Margin (%) | -0.49 | -8.90 | 6.57 | 5.03 | 11.16 |
| Return on Networth / Equity (%) | -0.34 | -5.21 | 4.86 | 3.48 | 9.00 |
| Return on Capital Employeed (%) | 0.47 | -1.11 | 7.03 | 5.82 | 12.82 |
| Return On Assets (%) | -0.28 | -4.56 | 4.50 | 3.07 | 8.26 |
| Total Debt / Equity (X) | 0.04 | 0.05 | 0.00 | 0.07 | 0.00 |
| Asset Turnover Ratio (%) | 0.58 | 0.50 | 0.68 | 0.63 | 0.78 |
| Current Ratio (X) | 3.16 | 3.70 | 4.68 | 3.36 | 6.06 |
| Quick Ratio (X) | 1.11 | 1.93 | 2.15 | 1.75 | 3.05 |
| Inventory Turnover Ratio (X) | 1.45 | 1.43 | 2.01 | 1.42 | 1.99 |
| Interest Coverage Ratio (X) | 12.57 | 4.78 | 36.24 | 12.27 | 89.26 |
| Interest Coverage Ratio (Post Tax) (X) | 0.43 | 0.67 | 17.42 | 6.79 | 55.99 |
| Enterprise Value (Cr.) | 74.76 | 77.63 | 46.69 | 56.97 | 36.13 |
| EV / Net Operating Revenue (X) | 1.62 | 1.96 | 0.86 | 1.19 | 0.67 |
| EV / EBITDA (X) | 18.65 | 32.79 | 5.82 | 10.40 | 3.67 |
| MarketCap / Net Operating Revenue (X) | 1.58 | 1.89 | 0.91 | 1.19 | 0.70 |
| Price / BV (X) | 1.07 | 1.10 | 0.67 | 0.82 | 0.56 |
| Price / Net Operating Revenue (X) | 1.58 | 1.89 | 0.91 | 1.19 | 0.70 |
| EarningsYield | 0.00 | -0.04 | 0.07 | 0.04 | 0.15 |
After reviewing the key financial ratios for Nitiraj Engineers Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 23, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 22) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 5. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For Diluted EPS (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 5. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For Cash EPS (Rs.), as of Mar 23, the value is 3.41. This value is within the healthy range. It has increased from -0.21 (Mar 22) to 3.41, marking an increase of 3.62.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 65.92. It has decreased from 66.04 (Mar 22) to 65.92, marking a decrease of 0.12.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 65.92. It has decreased from 66.04 (Mar 22) to 65.92, marking a decrease of 0.12.
- For Revenue From Operations / Share (Rs.), as of Mar 23, the value is 44.95. It has increased from 38.66 (Mar 22) to 44.95, marking an increase of 6.29.
- For PBDIT / Share (Rs.), as of Mar 23, the value is 3.91. This value is within the healthy range. It has increased from 2.31 (Mar 22) to 3.91, marking an increase of 1.60.
- For PBIT / Share (Rs.), as of Mar 23, the value is 0.31. This value is within the healthy range. It has increased from -0.74 (Mar 22) to 0.31, marking an increase of 1.05.
- For PBT / Share (Rs.), as of Mar 23, the value is 0.01. This value is within the healthy range. It has increased from -4.34 (Mar 22) to 0.01, marking an increase of 4.35.
- For Net Profit / Share (Rs.), as of Mar 23, the value is -0.17. This value is below the healthy minimum of 2. It has increased from -3.27 (Mar 22) to -0.17, marking an increase of 3.10.
- For NP After MI And SOA / Share (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 2. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For PBDIT Margin (%), as of Mar 23, the value is 8.69. This value is below the healthy minimum of 10. It has increased from 5.97 (Mar 22) to 8.69, marking an increase of 2.72.
- For PBIT Margin (%), as of Mar 23, the value is 0.71. This value is below the healthy minimum of 10. It has increased from -1.93 (Mar 22) to 0.71, marking an increase of 2.64.
- For PBT Margin (%), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 10. It has increased from -11.24 (Mar 22) to 0.01, marking an increase of 11.25.
- For Net Profit Margin (%), as of Mar 23, the value is -0.39. This value is below the healthy minimum of 5. It has increased from -8.47 (Mar 22) to -0.39, marking an increase of 8.08.
- For NP After MI And SOA Margin (%), as of Mar 23, the value is -0.49. This value is below the healthy minimum of 8. It has increased from -8.90 (Mar 22) to -0.49, marking an increase of 8.41.
- For Return on Networth / Equity (%), as of Mar 23, the value is -0.34. This value is below the healthy minimum of 15. It has increased from -5.21 (Mar 22) to -0.34, marking an increase of 4.87.
- For Return on Capital Employeed (%), as of Mar 23, the value is 0.47. This value is below the healthy minimum of 10. It has increased from -1.11 (Mar 22) to 0.47, marking an increase of 1.58.
- For Return On Assets (%), as of Mar 23, the value is -0.28. This value is below the healthy minimum of 5. It has increased from -4.56 (Mar 22) to -0.28, marking an increase of 4.28.
- For Total Debt / Equity (X), as of Mar 23, the value is 0.04. This value is within the healthy range. It has decreased from 0.05 (Mar 22) to 0.04, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 23, the value is 0.58. It has increased from 0.50 (Mar 22) to 0.58, marking an increase of 0.08.
- For Current Ratio (X), as of Mar 23, the value is 3.16. This value exceeds the healthy maximum of 3. It has decreased from 3.70 (Mar 22) to 3.16, marking a decrease of 0.54.
- For Quick Ratio (X), as of Mar 23, the value is 1.11. This value is within the healthy range. It has decreased from 1.93 (Mar 22) to 1.11, marking a decrease of 0.82.
- For Inventory Turnover Ratio (X), as of Mar 23, the value is 1.45. This value is below the healthy minimum of 4. It has increased from 1.43 (Mar 22) to 1.45, marking an increase of 0.02.
- For Interest Coverage Ratio (X), as of Mar 23, the value is 12.57. This value is within the healthy range. It has increased from 4.78 (Mar 22) to 12.57, marking an increase of 7.79.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 23, the value is 0.43. This value is below the healthy minimum of 3. It has decreased from 0.67 (Mar 22) to 0.43, marking a decrease of 0.24.
- For Enterprise Value (Cr.), as of Mar 23, the value is 74.76. It has decreased from 77.63 (Mar 22) to 74.76, marking a decrease of 2.87.
- For EV / Net Operating Revenue (X), as of Mar 23, the value is 1.62. This value is within the healthy range. It has decreased from 1.96 (Mar 22) to 1.62, marking a decrease of 0.34.
- For EV / EBITDA (X), as of Mar 23, the value is 18.65. This value exceeds the healthy maximum of 15. It has decreased from 32.79 (Mar 22) to 18.65, marking a decrease of 14.14.
- For MarketCap / Net Operating Revenue (X), as of Mar 23, the value is 1.58. This value is within the healthy range. It has decreased from 1.89 (Mar 22) to 1.58, marking a decrease of 0.31.
- For Price / BV (X), as of Mar 23, the value is 1.07. This value is within the healthy range. It has decreased from 1.10 (Mar 22) to 1.07, marking a decrease of 0.03.
- For Price / Net Operating Revenue (X), as of Mar 23, the value is 1.58. This value is within the healthy range. It has decreased from 1.89 (Mar 22) to 1.58, marking a decrease of 0.31.
- For EarningsYield, as of Mar 23, the value is 0.00. This value is below the healthy minimum of 5. It has increased from -0.04 (Mar 22) to 0.00, marking an increase of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Nitiraj Engineers Ltd:
- Net Profit Margin: -0.39%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 0.47% (Industry Average ROCE: 11.17%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -0.34% (Industry Average ROE: 15.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0.43
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.11
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 70.54)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.04
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -0.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electronics - Equipment/Components | 306 A Babha Building, Mumbai Maharashtra 400011 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rajesh Raghunath Bhatwal | Chairman & Managing Director |
| Mrs. Shakuntala Rajesh Bhatwal | Whole Time Director |
| Mr. Yi Hung Sin | Whole Time Director |
| Mr. Gajendra Sharadchandra Deshmukh | Whole Time Director |
| Mr. Deepam Pradeep Shah | Ind. Non-Executive Director |
| Mr. Pranit Anil Bangad | Ind. Non-Executive Director |
| Mr. Pradeep Chandrakant Shah | Ind. Non-Executive Director |
| Mr. Anil Nandkishor Bangad | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Nitiraj Engineers Ltd?
Nitiraj Engineers Ltd's intrinsic value (as of 28 January 2026) is ₹1.89 which is 98.97% lower the current market price of ₹183.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹188 Cr. market cap, FY2025-2026 high/low of ₹422/171, reserves of ₹57.33 Cr, and liabilities of ₹79.82 Cr.
What is the Market Cap of Nitiraj Engineers Ltd?
The Market Cap of Nitiraj Engineers Ltd is 188 Cr..
What is the current Stock Price of Nitiraj Engineers Ltd as on 28 January 2026?
The current stock price of Nitiraj Engineers Ltd as on 28 January 2026 is ₹183.
What is the High / Low of Nitiraj Engineers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Nitiraj Engineers Ltd stocks is ₹422/171.
What is the Stock P/E of Nitiraj Engineers Ltd?
The Stock P/E of Nitiraj Engineers Ltd is .
What is the Book Value of Nitiraj Engineers Ltd?
The Book Value of Nitiraj Engineers Ltd is 65.9.
What is the Dividend Yield of Nitiraj Engineers Ltd?
The Dividend Yield of Nitiraj Engineers Ltd is 0.82 %.
What is the ROCE of Nitiraj Engineers Ltd?
The ROCE of Nitiraj Engineers Ltd is 0.38 %.
What is the ROE of Nitiraj Engineers Ltd?
The ROE of Nitiraj Engineers Ltd is 0.35 %.
What is the Face Value of Nitiraj Engineers Ltd?
The Face Value of Nitiraj Engineers Ltd is 10.0.